This a retail persons analysis from yesterday taken from the reddit subreditt I have been following. I have followed this subreddit because it is less infiltrated by the hedgefunds who have been trying to sow discord into the little information available to put off the retail investors and thus drive the price down to save their as##s.
It's an eye opener of what is potentially going on.
r/GME•Posted byu/HeyItsPixeL
What happened yesterday explained in detail and exposing the HFs obvious manipulation.DD
EDIT: Tried posting to WSB, instantly got removed and mods are not responding to any questions and are not giving any reason either. So if one of you wants to post it there, feel free! (Please credit me if you do so)
Good morning everyone, this is an important update to what happened yesterday!
First of all: Thank you for making my last post the most awarded and most upvoted post of all time in this sub!
Second of all: I made a prediction in my post yesterday (
https://www.reddit.com/r/GME/comments/ls830a/found_the_reason_for_the_dip_they_are_shorting/). The prediction would've become reality, if Hedgies didn't overshort with fake shares (more about that in a second). Why do I tell you this? I literally received death threats and insults when the market ended. Just a heads up: Those are PREDICTIONS, they can be faulty at times, especially when Hedgies do such unexpected things, that no Data can predict (again, more about that in a second). So please, for the love of god, don't harass me, insult me, or send me death threats when something like that happens. I understand your frustration, but don't target me.
Now the juicy stuff;
What exactly happened yesterday? Here is a timeline:9:35 AM: The market opened and we had a huge drop off in price and a HUGE spike in volume. Hedgefunds shorted over 18,363,000 Shares (over the first 5 minutes. The amount of shorting was so aggressive, that trading got halted twice within the first minutes.
9:45 AM TO 1:50 PM: Trading pretty much went in our favor the whole time, people kept buying in, we hit the daily high of $185 at around 1PM and went sideways for almost 1 hour after that.
1:55PM: Sh#.t gets interesting. Really aggressive shorting for the second time that day brings the price down to $126. At that point in time, between 5,000,000 and 7,000,000 shares were shorted in the blink of an eye. What stood out for me at that point in time was, that the price kept going in the same direction after every short attack (between $100 and $125). That tells me, it was really important to get the price down in that direction. (more in a few seconds)
2PM TO 3:25PM: People buying in again, driving the price up to $140 - $150. And Now sh#.t gets juicy.
3:30PM TO 4:00PM: The 3rd aggressive short attack begins and keeps on going for 30 minutes, until the market closes. 10,000,000 shares were shorted in this time span.
NOW THE ANALYSIS:
WHERE DID THEY GET SO MANY SHARES TO SHORT GME AND WHY WAS IT NOT PREDICTABLE?So, how could no one forsee this? It's simple: Hedgefunds didn't borrow shares to short, they created them out of thin air. When the market opened yesterday, ALL available $GME Shares to borrow, were gone already (see my second edit from yesterday: EDIT2 (10AM): 0 SHORTS AVAILABLE FOR $GME RIGHT NOW. THEY BORROWED OVER 2,100,000 SHARES TO SHORT FOR YESTERDAY AND TODAY! (https://fintel.io/ss/us/gme;
https://iborrowdesk.com/report/GME) What does this mean? Well, no one can predict or analyse how deep they are digging their grave right now, because they are not using real shares to short GME. They can just keep doing it in order to hold the price down artificially.
WHAT HAPPENS WHEN WE ADD UP TO SHORTS AND PRICE DIPS MENTIONED ABOVE?Now it just gets stupidly funny and obvious. If we add up the three big short attacks (18,363,000 right at opening, 5,000,000 to 7,000,000 at noon and about 10,000,000 right before close), we get 33,363,000 shares sold short over the day. Why is this funny and obvious? Check the latest FINRA report. It states that yesterday more than 33,000,000 were sold short. That's almost exactly the number that we get when we add up the volume of the dips.
WHY DID THEY SHORT GME SO AGGRESSIVELY WITH FAKE SHARES?
Because bears are fu.k. See, when GME would've closed in between $115 and $150, over 44.000 Call options would've become ITM. If exercised, that would've driven up the price AH/PRE or today in the high hundreds, maybe even thousands. Why is that so bad? The higher the price gets, the more calls get exercised (so called options chain), the more people jump in because of FOMO and we get closer to the magical $800 mark, where the MOASS would become inevitable this or next week.
WHAT CAN WE LEARN FROM THIS LOOKING FORWARD?
Hedgies don't give a single f..uck anymore. Even when all the data available states, that there are no more shorts available to borrow for GME, we found all of their ETFs where they hid their shorts, they keep shorting it to try and stop the MOASS. You know what they say: There is nothing more dangerous than an animal that's trapped in a corner and's got nothing to lose anymore. That's what we're seeing right now. No one can give accurate predictions anymore, that is based on data. This has evolved into a game of poor greed and emotions. They don't care about the long term results of their illegal actions, they just want to save their a..sses for some more weeks or even just days.
IN SHORT: BE PREPARED FOR EVERYTHING, DON'T BE SCARED OF DIPS, THEY ARE MORE THAN LIKELY CREATED ARTIFICIALLY BY HIGHLY ILLEGAL SHORTING WITH FAKED SHARES!
TL;DR: Hedgies are so f#.cked, that they just shorted GME with more than 33,000,000 non-existent shares yesterday, keeping the price down in order to stop the Gamma Squeeze from happening. The price would've jumped up to a few hundred, maybe even thousand dollars today if they didn't do it, which would've started the real squeeze today. They have nothing to lose anymore, so be prepared for more highly illegal action and don't get scared by fake dips!
IN SHORT: I LIKE THE STOCK 💎🙌
EDIT(1PM EUROPEAN TIME): According to this site (
http://shortvolumes.com/?t=GME), the short sale volume was 61 % percent yesterday, with a short sale volume of 50,959,384. That doesn't mean that Hedgies opened 51 Million new short positions. I am being really conservative and sticking to the 33,000,000. If it's more than that, even better!
https://www.reddit.com/r/GME/comments/lsve5j/really_long_dd_and_analysis_what_happened/